Development Bank of Kazakhstan and National managing holding "Baiterek" discussed new instruments for support of medium-sized businesses

12.02.24 10:29
/KASE, February 12, 2024/ – Development Bank of Kazakhstan JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated February 9, 2024: quote "Baiterek" National Managing Holding JSC and its subsidiary Development Bank of Kazakhstan JSC are working on developing tools to support medium-sized business projects. In particular, the formation of new mechanisms for providing guarantees for loans to medium-sized businesses in second-tier banks continues. DBK presented the projects of the proposed new mechanisms at a round table at "Baiterek" Holding, with the participation of representatives from the STBs, the Ministry of National Economy, the Ministry of Finance, the Agency for Regulation and Development of the Financial Market, and the Association of Financiers of Kazakhstan. unquote The complete press release is available on – [2024-02-12]